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  Metros   Mumbai  17 Dec 2016  Mumbai: Railway official in CBI net for exchanging demonetised notes

Mumbai: Railway official in CBI net for exchanging demonetised notes

PTI
Published : Dec 17, 2016, 2:28 pm IST
Updated : Dec 17, 2016, 8:21 pm IST

The employee allegedly exchanged currency of face value Rs 8.22 lakh for new notes.

Representational picture (Photo: PTI)
 Representational picture (Photo: PTI)

Mumbai: CBI has booked a Railway employee posted at Mumbai's Chatrapati Shivaji Terminus for allegedly exchanging demonetised currency of face value Rs 8.22 lakh with newly introduced notes.

CBI sources said the case has been been registered against K L Bhoyar, assistant commercial manager, Central Railways under sections related to criminal conspiracy and provisions of Prevention of Corruption Act.

It is alleged that he exchanged notes having face value of Rs 8.22 lakh with Rs 2000 and Rs 100 notes at a booking counter at CST Mumbai and Kalyan in Thane District, sources said. They also state that CBI will search his official and residential premises on Saturday.

Tags: demonetisation, rs 2000 notes
Location: India, Maharashtra, Mumbai (Bombay)